#68 Anthony Falas from TOGA Market Insights

By
Michael Bird
November 8, 2024
3
min read
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Market Insights EP68: TOGA’s Anthony Falas Talks Macquarie Rise in Macquarie Park with Mike Bird

In Market Insights EP68, Anthony Falas, Director at TOGA, sits down with Mike Bird from Urban.com.au to delve into the details of Macquarie Rise, TOGA’s latest premium development in the highly desirable Macquarie Park. This insightful conversation covers the development’s features, its strategic location, and what makes it a standout in the competitive Sydney real estate market.

Why Macquarie Park?

With Macquarie Park continuing to evolve as one of Sydney's most sought-after locations, TOGA has been an integral part of the area’s transformation for over a decade. In this episode, Anthony explains why Macquarie Park offers such a strong appeal to buyers and investors. The area’s unbeatable connectivity, including proximity to Macquarie University, Macquarie Hospital, and the expansive Macquarie Centre shopping mall, makes it a prime destination for both residential and commercial development.

Macquarie Rise: A Premium Living Experience

At the heart of Macquarie Rise is its promise of luxury living, offering 270 sophisticated apartments that combine space, style, and functionality. Designed with efficient floor plans and premium finishes, the development also includes a range of high-end amenities such as a pool, gym, and dedicated yoga and meditation zones. These spaces, along with lush landscaping, create an ideal environment for residents seeking a balanced, upscale lifestyle in the heart of Macquarie Park.

The Buyer Demographic: Who is Purchasing at Macquarie Rise?

Anthony reveals that the Macquarie Rise project is drawing a varied buyer base, including first-time homebuyers, downsizers, and local buyers from surrounding areas like Eastwood and Marsfield. With around 40% of the buyers expected to be owner-occupiers, the development appeals to those seeking a more permanent, high-quality home. Anthony also highlights the versatility of the apartment layouts, with multi-purpose rooms that can serve as studies, home offices, or even extra bedrooms, which adds to the development’s broad appeal.

Off-the-Plan Buying: Investment Opportunities at Macquarie Rise

As the market shifts and interest rates are projected to decrease, Anthony discusses the advantages of buying off-the-plan at Macquarie Rise. The development’s strong positioning in an area of sustained demand—driven by the university, hospital, and retail centres—presents a robust investment opportunity. Buyers can secure properties at today’s prices, with the potential for future growth once the development is completed.

TOGA’s Focus on Quality and Sustainability

TOGA’s reputation for quality is underscored by its ISER-rated development standards, ensuring that Macquarie Rise meets the highest expectations in terms of design and construction. With a loyal customer base, including repeat buyers and referrals, TOGA continues to deliver premium developments that align with the needs of both owner-occupiers and investors.

Urban Communities
Michael Bird

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